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Panama Canal Postpones Depth Restrictions After Much-Needed Rain

The Panama Canal will postpone depth restrictions that were set to affect the largest ships crossing the key waterway, the canal authority said, after...

Container throughput at China’s ports up 4.7 pct in 2022

The container throughput at Chinese ports rose 4.7 percent year on year in 2022, data from the Ministry of Transport shows. A total of 296...

Countries push for CO2 shipping levy as crunch talks loom

Maritime nations including Denmark and the Marshall Islands are rallying support for a global carbon dioxide emissions levy on shipping, with talks at a...

DP World advances electrification projects in Brazil

DP World is accelerating its adoption of renewable energy at the Port of Santos, Brazil’s leading multipurpose private terminal, as a vital step in...

Scorpio Tankers Secures $94 Million Credit Facility

Scorpio Tankers announced that it has received a commitment from DekaBank Deutsche Girozentrale for a credit facility of up to $94 million. The credit facility...

Wallenius Wilhelmsen signs new contract with major EV manufacturer

Wallenius Wilhelmsen has signed a new contract with a major EV manufacturer lasting until the end of 2025. The contract includes both land and...

Eagle Bulk Purchases Oaktree Stake in Company

Eagle Bulk, one of the world’s largest owner-operators within the midsize drybulk vessel segment, announced that its Board of Directors has approved an agreement...

Drought-hit Panama Canal further restricts maximum ship depth

The Panama Canal will expand restrictions on the largest ships crossing the waterway, one of the world’s busiest trade passages, the canal authority’s administrator...

Ukraine 99.9% certain Russia will quit Black Sea grain deal in July – envoy

Russia is 99.9% certain to quit a U.N.-brokered deal on the safe wartime passage of Black Sea grain next month because it no longer...

Baltic index nears one-month peak on capesize bounce

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, hit a more than four-week high on Thursday,...

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Capital Maritime Finance: Strong investor response opens a new chapter for shipping in Athens

Capital Maritime Finance Corp. (CMF) has successfully completed its public offering, attracting exceptionally strong interest. Total bids amounted to approximately €1.1 billion, making the offering...

Nordea posts 3Q2026 financial results

Nordea released its third-quarter financial results.

TORM upgrades full-year guidance

TORM plc announced that, based on the Company's current coverage and expectations for continued market strength during the remainder of the fourth quarter of...

OOIL announces operational update for the 3rd quarter 2026

​​​​​​Orient Overseas (International) Limited announces operational update for the 3rd quarter 2026.

Capital Maritime Finance launches its IPO on Tuesday; aims to raise €300 million

The public offering for the listing of Capital Maritime Finance Corp on Euronext Athens opens on Tuesday and will run until Thursday, 15 October. The...

Celestyal announces new onboard offering for Western Mediterranean sailings

Celestyal has unveiled a new onboard programme for Celestyal Discovery’s first dedicated Western Mediterranean...

Greece and Japan enhance maritime cooperation

Minister of Maritime Affairs and Insular Policy Vassilis Kikilias held a series of meetings...

Iran’s guards say two tankers hit mines in Strait of Hormuz

Iran’s Revolutionary Guards Navy said on Saturday that two oil tankers had caught fire...

Iran urges US to accept proposal to reopen Strait Of Hormuz

Iran’s offer to the United States to reopen the Strait of Hormuz within seven...

Hormuz shipping disruption is starting to hit harvests, UN agency says

The impact of the disruption to shipping through the Strait of Hormuz is already...

Container throughput at Piraeus’ Terminals II and III rises 15.3% in September

Container throughput at Terminals II and III at the port of Piraeus rose by 15.3% in September, despite many containerships continuing to divert around...

Piraeus Port Authority hosts Chinese delegation from ports, shipping and logistics sectors

The Piraeus Port Authority (PPA) welcomed a delegation of professionals from China’s ports, shipping and logistics sectors as part of a knowledge and experience...

A.P. Moller Capital agrees to acquire Portek International from Mitsui & Co.

A.P. Moller Capital has signed an agreement, through its A.P. Moller Capital – Emerging Markets Infrastructure Fund II, to acquire 100% of Portek International...

Georgia Ports achieves permit for 3.5 million TEU container terminal

Georgia Ports Authority hosted their annual State of the Port of Savannah event with President Kevin Price announcing the U.S. Army Corps of Engineers...

ENGIE and CMA CGM join forces to invest in biomethane production in Le Havre

ENGIE Group, a major player in the energy transition, and the CMA CGM Group, a global player in sea, land, air and logistics solutions,...